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ODEC Awards Solar Contracts

Glen Allen, VA – Old Dominion Electric Cooperative (ODEC) has awarded two contracts to Hecate Energy to deliver the full output of two solar projects to be located in Northampton County and Clarke County, VA.

ODEC conducted a competitive bid process during the summer administered by National Renewables Cooperative Organization (NRCO) seeking bids for solar projects ranging in size from one to 10 MW (megawatts). Hecate was chosen based on its ability to provide the most cost effective and beneficial solar PV plants to ODEC within the service territories of its member-owners.

The Cherrydale project is located in Northampton County, VA in A&N Electric Cooperative’s service territory, one of ODEC’s eleven member-owners. It will have the capacity to generate approximately 20 megawatts of electricity and is expected to be in service by December 2016.
The other location in Clarke County, is part of Rappahannock Electric Cooperative’s service territory, another of ODEC’s eleven member-owners. This project, also expected to be in service by December 2016 will produce 10 megawatts of electricity.

“Adding clean solar generation to our portfolio will allow us to keep fulfilling our mission of maintaining a diversified mix so that we can continue to provide affordable and reliable electricity to our member cooperatives,” said Jack Reasor, ODEC’s president & CEO.

"ODEC is very excited to work with Hecate,” added Rick Beam, ODEC’s Senior Vice President for Power Supply. “These solar projects demonstrate our continued commitment to renewable energy. We have taken a steady, deliberate approach to integrating renewable resources, and it has paid off over time as we continue to pursue cost-effective resources for our member-owners.”

Hecate Energy is a leading developer, owner, and operator of solar, natural gas, wind and energy-storage solutions. “We are honored to have been selected by ODEC to fulfill their first solar power purchase agreements,” said Chris Bullinger, Hecate’s President and Chief
Executive Officer. “We are looking forward to developing and operating these solar PV generation facilities for the benefit of ODEC members."

About ODEC:
Headquartered in Glen Allen, Virginia, ODEC is a not-for-profit, member-owned, power supply cooperative. It supplies the wholesale power requirements of its 11 member electric distribution cooperatives, which provide reliable, affordable electricity to 1.4 million people in 70 counties in Maryland, Virginia and Delaware. Learn more at www.odec.com

About Hecate:
Based in Nashville, Tenn., Hecate Energy LLC is a global developer of solar power plants, natural gasfired power plants, wind power plants, and energy storage solutions that create significant social and economic impact. Founded in 2012, Hecate has more than 2,400 MW of power plants under development around the globe. For more information on Hecate, please visit www.hecateenergy.com

Touchstone Energy® Cooperatives is a national network of electric cooperatives across 46 states that provides resources and leverages partnerships to help member cooperatives and their employees better engage and serve their members. By working together, Touchstone Energy® Cooperatives stand as a source of power and information to their 32 million member-owners every day.